ANTHEM, AZ-A Norman, OK-based investor has purchased AnthemCorporate Center for $3.5 million in an all-cash transaction. Thebuyer, WAW Property LLC, acquire the 63,449-square foot, class Aoffice building out of foreclosure from the lender, Wells FargoBank.

Developed by Newport Beach, CA-based Voit Real Estate Servicesin 2008, Anthem Corporate Center is located within the Anthemmaster planned community about 20 miles north of downtown Phoenix.The two-story office building, which is situated on nearly 5.3acres at 3719 West Anthem Dr., is vacant and in shell conditionwith the exception of the lobby, restrooms and hallways, which werecompleted.

Prior to Wells Fargo’s foreclosure action in October 2009,Vanguard Health Systems had the building in escrow, but changed itsstrategy and chose not to acquire the property, according to EricWichterman, an executive vice president with Cassidy Turley BRECommercial’s Phoenix office. He represented the seller in thetransaction, along with Michael Coover, Jeff Wentworth, BlakeHastings and Patrick Sinott with Cassidy Turley BRE Commercial. KenElmer with Commercial Properties Inc. represented the buyer.

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